Leaders Technology Investment Co.,Ltd announced a private placement of 23,000,000 common shares at an issue price of KRW 500 per share for aggregate gross proceeds of KRW 11,500,000,000 on October 26, 2022. The transaction will include participation from Sensio Fund 2. The common shares will have a lock-up period of one year from the date of circulation of the stock. The method of capital increase will be through third party allotment.

The transaction has been approved by the board of directors of the company. The expected date of payment is November 18, 2022.